Joby Aviation Stock News

Joby Aviation completed a test flight of its hybrid defense aircraft in partnership with L3Harris , three months after the companies announced the project. The milestone showcases Joby's ability to quicky move from "concept to demonstration" to meet growing military needs, Chairman Paul Sciarra told CNBC.

SANTA CRUZ, Calif.--(BUSINESS WIRE)---- $JOBY--Joby Aviation, Inc. (NYSE:JOBY) today announced the first flight of its turbine electric, autonomous VTOL aircraft. The demonstrator builds on Joby's fully-electric air taxi platform and integrates a hybrid turbine powertrain along with the Company's SuperPilot™ autonomy stack to deliver greater range and payload capability. Potential applications ...

SANTA CRUZ, Calif. & RIYADH, Saudi Arabia--(BUSINESS WIRE)---- $JOBY--Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, and the General Authority of Civil Aviation (GACA) of the Kingdom of Saudi Arabia today announced plans for the rapid deployment of Joby's electric air taxi in the Kingdom. A new memorandum of understanding between GACA ...

Joby's relationship with Uber is a clear indication of the company's aim to offer transportation services itself. Its vertically integrated manufacturing model implies that it may be slower in the certification race than its rivals; however, it appears set to win the FAA certification race.

My core pillar for Joby Aviation, Inc. is the FAA's new eIPP, which could accelerate type certification by enabling limited eVTOL operations (potentially in New York, where Blade is currently operating). JOBY's $22.57M Q3 revenue and 40,000 Blade passengers signal demand ahead of eVTOL launch, with a cash runway of up to 39 months. I see more upside in Blade, with the new Manhattan–Westchester ...

TOYOTA, Japan--(BUSINESS WIRE)-- #FlyingCar--SkyDrive Inc. (“SkyDrive”), a leading eVTOL (*1) aircraft manufacturer based in Japan, together with a consortium led by Nomura Real Estate Development Co., Ltd., has announced the selection of its joint proposal for the "eVTOL Implementation Project (Phase I) " by the Tokyo Metropolitan Government. The consortium includes ANA Holdings Inc., East Jap...

Joby Aviation is upgraded to Buy, reflecting its relative strength and lower execution risks versus Archer Aviation. JOBY leads in operational milestones, including advanced FAA certification, early revenue from Blade services, and manufacturing scale-up, outpacing ACHR's progress. A pair trade is recommended: buy JOBY and sell ACHR, leveraging JOBY's head start and tangible achievements while ...

Joby Aviation (JOBY) entered the final FAA certification stage with power-on testing of its first conforming air taxi. Joby posted a $0.48 per share loss in Q3 versus $0.19 expected due to high R&D and manufacturing costs.